Cable&Fiber: Intraday Setups

FTMO Trader Scouting
Re: a cable buy (counter-trend)

the golden gun said:
So if Aug.25 wasn't a market structure shift, how come the low formed on Aug.25 still hasn't been penetrated?

Hmmm?

Reality trumps theory every time.
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yes it does.
 
Re: a cable buy (counter-trend)

rod178 said:
yes it does.
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Price went up 108 pips from the low on Aug.25

That doesn't happen on its own. It was a temporary shift, and I traded it as such. You think I'm blind to the Daily chart on Cable?

If it was a longer-term shift, there would have been a capitulation move (down) and a Big buy-in.This was an engineered market structure shift to suck in Longs before the real move down, in-line with HTF flows.

PS
I didn't see anything in that Linda Raschke video that Michael didn't explain twice as effectively in his own videos.
 
Re: a cable buy (counter-trend)

the golden gun said:
I didn't see anything in that Linda Raschke video that Michael didn't explain twice as effectively in his own videos.
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The source of the Nile, especially "Street Smarts", which Michael has acknowledged more than once.
 
Re: a cable buy (counter-trend)

rod178 said:
The source of the Nile, especially "Street Smarts", which Michael has acknowledged more than once.
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ICT was my broker of knowledge. He dealt with them so I didn't have to!

Now that I have a solid understanding of the mechanics of price action, I have a teacher that will be available forever and will always be providing new lessons: A price chart.

I have a stack of trading books collecting dust on a shelf too. I feel the purchase price was credit enough.
 
InnerCircleTrader said:
Testosterone is high in here folks! Love your neighbor :)
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Yeah, but it doesn't matter. If you ever see me posting $ Gains/Balances, you'll know I slipped up and let the hormones get to my head.
 
the golden gun said:
Yeah, but it doesn't matter. If you ever see me posting $ Gains/Balances, you'll know I slipped up and let the hormones get to my head.
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HA!!!!!! If you state something, put up or shut up(yea i stole that from "somebody" ;D)! It's not hormones, its being able to stand by what u stating without a problem. It's not about getting approved or qualify yourself.
I think what u stated is kinda false humility :p BE REAL! But thats just my opinion.
 
the golden gun said:
Yeah, but it doesn't matter. If you ever see me posting $ Gains/Balances, you'll know I slipped up and let the hormones get to my head.
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kidults have a testosterone imbalance. There is always Photoshop followed up with a selfie sitting on someone's Ferrari..
 
rod178 said:
kidults have a testosterone imbalance. There is always Photoshop followed up with a selfie sitting on someone's Ferrari..
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Already done my friend

4.jpg
 
oLBMDbz.jpg


no no no, this is copying my mentor 8)

yea that's me in 2007 with my yellow gallardo. am i doin it right???

people sayin I can't put up... pfff
 
the golden gun said:
oLBMDbz.jpg


no no no, this is copying my mentor 8)
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You think he teaches you to levitate. OK, I get that from your pictures. But upside down over toy cars? Well, whatever... Hang in there :)
 
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